ZLAB · Zai Lab Ltd
One customer — 25% of receivables (As of March 31, 2026)
“As of March 31, 2026, our largest customer accounted for approximately 25% of our total accounts receivable collectively.”
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
Insider Sentiment Score
Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-07-02 | Du Ying |
Director, Chairperson & CEO |
Award↑
Filing footnotes — Restricted Share Units (Direct)
Each RSU represents a contingent right to receive one ADS. The RSUs vest in equal annual installments over four years beginning on 07/02/2027, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Restricted Share Units
|
80,393 |
| 2026-07-02 | Du Ying |
Director, Chairperson & CEO |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. ADSs acquired upon vesting of Restricted Share Units ("RSUs"). Each RSU represents a contingent right to receive one ADS. |
American Depositary Shares
|
11,048 |
| 2026-07-02 | Du Ying |
Director, Chairperson & CEO |
Tax↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. These ADSs were withheld to cover taxes upon vesting of RSUs. |
American Depositary Shares
|
4,348 |
| 2026-07-02 | Du Ying |
Director, Chairperson & CEO |
Convert↓
Filing footnotes — Restricted Share Units (Direct)
Each RSU represents a contingent right to receive one ADS. The RSUs vest in equal annual installments over four years beginning on 07/02/2026, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Restricted Share Units
|
11,048 |
| 2026-07-01 | Du Ying |
Director, Chairperson & CEO |
Tax↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. These ADSs were withheld to cover taxes upon vesting of RSUs. |
American Depositary Shares
|
7,083 |
| 2026-07-01 | Du Ying |
Director, Chairperson & CEO |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. ADSs acquired upon vesting of Restricted Share Units ("RSUs"). Each RSU represents a contingent right to receive one ADS. |
American Depositary Shares
|
18,000 |
| 2026-07-01 | Du Ying |
Director, Chairperson & CEO |
Convert↓
Filing footnotes — Restricted Share Units (Direct)
Each RSU represents a contingent right to receive one ADS. The RSUs vest in equal annual installments over four years beginning on 07/01/2025, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Restricted Share Units
|
18,000 |
| 2026-07-01 | GAYNOR RICHARD |
Director |
Buy↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 16, 2025. |
American Depositary Shares
|
1,736 |
| 2026-06-30 | Du Ying |
Director, Chairperson & CEO |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. These ADSs were sold automatically to cover taxes upon vesting of RSUs. |
American Depositary Shares
|
7,026 |
| 2026-06-29 | Du Ying |
Director, Chairperson & CEO |
Convert↓
Filing footnotes — Restricted Share Units (Direct)
Each RSU represents a contingent right to receive one ADS. The RSUs vest in equal annual installments over four years beginning on 06/29/2024, the first anniversary of the date of grant, subject to continuous service. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Restricted Share Units
|
17,970 |
| 2026-06-29 | Du Ying |
Director, Chairperson & CEO |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. ADSs acquired upon vesting of Restricted Share Units ("RSUs"). Each RSU represents a contingent right to receive one ADS. |
American Depositary Shares
|
17,970 |
| 2026-06-26 | Du Ying |
Director, Chairperson & CEO |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. These ADSs were sold automatically to cover taxes upon vesting of RSUs. |
American Depositary Shares
|
24,543 |
| 2026-06-26 | Chen Yajing |
Chief Financial Officer |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. These ADSs were sold automatically to cover taxes upon vesting of RSUs. |
American Depositary Shares
|
2,264 |
| 2026-06-26 | Edmondson Frazor Titus III |
Chief Legal Officer |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. These ADSs were sold automatically to cover taxes upon vesting of RSUs. |
American Depositary Shares
|
4,103 |
| 2026-06-25 | Du Ying |
Director, Chairperson & CEO |
Convert↓
Filing footnotes — Restricted Share Units (Direct)
Each RSU represents a contingent right to receive one ADS. The RSUs vested in equal annual installments over four years beginning on 06/25/2023, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Restricted Share Units
|
58,800 |
| 2026-06-25 | Edmondson Frazor Titus III |
Chief Legal Officer |
Convert↓
Filing footnotes — Restricted Share Units (Direct)
Each RSU represents a contingent right to receive one ADS. The RSUs vested in equal annual installments over four years beginning on 06/25/2023, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Restricted Share Units
|
14,600 |
| 2026-06-25 | Edmondson Frazor Titus III |
Chief Legal Officer |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. ADSs acquired upon vesting of Restricted Share Units ("RSUs"). Each RSU represents a contingent right to receive one ADS. |
American Depositary Shares
|
14,600 |
| 2026-06-25 | Chen Yajing |
Chief Financial Officer |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. ADSs acquired upon vesting of Restricted Share Units ("RSUs"). Each RSU represents a contingent right to receive one ADS. |
American Depositary Shares
|
6,250 |
| 2026-06-25 | Du Ying |
Director, Chairperson & CEO |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. ADSs acquired upon vesting of Restricted Share Units ("RSUs"). Each RSU represents a contingent right to receive one ADS. |
American Depositary Shares
|
58,800 |
| 2026-06-25 | Chen Yajing |
Chief Financial Officer |
Convert↓
Filing footnotes — Restricted Share Units (Direct)
Each RSU represents a contingent right to receive one ADS. The RSUs vested in equal annual installments over four years beginning on 06/25/2023, the first anniversary of the date of grant. Vested shares will be delivered in the form of ADSs to the reporting person following vesting. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Restricted Share Units
|
6,250 |
| 2026-06-22 | Lis William |
Director |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 10, 2025. |
American Depositary Shares
|
7,040 |
| 2026-06-17 | DIEKMAN JOHN D |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. Represents restricted shares that vest in full on June 17, 2027, subject to the Reporting Person's continued service as a member of the issuer's board of directors through such vesting date. |
American Depositary Shares
|
22,371 |
| 2026-06-17 | GAYNOR RICHARD |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. Represents restricted shares that vest in full on June 17, 2027, subject to the Reporting Person's continued service as a member of the issuer's board of directors through such vesting date. |
American Depositary Shares
|
22,371 |
| 2026-06-17 | Lis William |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. Represents restricted shares that vest in full on June 17, 2027, subject to the Reporting Person's continued service as a member of the issuer's board of directors through such vesting date. |
American Depositary Shares
|
22,371 |
| 2026-06-17 | MOULDER LEON O JR |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. Represents restricted shares that vest in full on June 17, 2027, subject to the Reporting Person's continued service as a member of the issuer's board of directors through such vesting date. |
American Depositary Shares
|
22,371 |
| 2026-06-17 | Leung Nisa |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. Represents restricted shares that vest in full on June 17, 2027, subject to the Reporting Person's continued service as a member of the issuer's board of directors through such vesting date. |
American Depositary Shares
|
22,371 |
| 2026-06-17 | Vounatsos Michel |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. Represents restricted shares that vest in full on June 17, 2027, subject to the Reporting Person's continued service as a member of the issuer's board of directors through such vesting date. |
American Depositary Shares
|
22,371 |
| 2026-06-17 | Morrison Scott W |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. Represents restricted shares that vest in full on June 17, 2027, subject to the Reporting Person's continued service as a member of the issuer's board of directors through such vesting date. |
American Depositary Shares
|
22,371 |
| 2026-06-17 | WIRTH PETER |
Director |
Award↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. Represents restricted shares that vest in full on June 17, 2027, subject to the Reporting Person's continued service as a member of the issuer's board of directors through such vesting date. |
American Depositary Shares
|
22,371 |
| 2026-05-27 | Du Ying |
Director, Chairperson & CEO |
Gift↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. This transaction represents the transfer of shares held by the reporting person to a trust established for the benefit of an adult son of the reporting person. |
American Depositary Shares
|
53,850 |
| 2026-05-27 | Du Ying |
Director, Chairperson & CEO |
Gift↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. This transaction represents the transfer of shares held by the reporting person to a trust established for the benefit of an adult son of the reporting person. |
American Depositary Shares
|
33,993 |
| 2026-05-26 | Du Ying |
Director, Chairperson & CEO |
Gift↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. This transaction represents the transfer of shares held by the reporting person to a trust established for the benefit of an adult son of the reporting person. |
American Depositary Shares
|
19,857 |
| 2026-05-19 | Du Ying |
Director, Chairperson & CEO |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. |
American Depositary Shares
|
261,092 |
| 2026-05-19 | Du Ying |
Director, Chairperson & CEO |
Tax↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. |
American Depositary Shares
|
117,435 |
| 2026-05-19 | Du Ying |
Director, Chairperson & CEO |
Convert↓
Filing footnotes — Stock Options (Right to Buy) (Direct)
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. The option vested in equal annual installments over five years beginning on August 25, 2017, the first anniversary of the date of grant. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Stock Options (Right to Buy)
|
261,092 |
| 2026-05-18 | Du Ying |
Director, Chairperson & CEO |
Convert↓
Filing footnotes — Stock Options (Right to Buy) (Direct)
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. The option vested in equal annual installments over five years beginning on August 25, 2017, the first anniversary of the date of grant. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Stock Options (Right to Buy)
|
50,000 |
| 2026-05-18 | Du Ying |
Director, Chairperson & CEO |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. Reflects a weighted average sale price of $18.9953 per share, at prices ranging from $18.78 to $19.38 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
American Depositary Shares
|
50,000 |
| 2026-05-18 | Du Ying |
Director, Chairperson & CEO |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. |
American Depositary Shares
|
50,000 |
| 2026-05-15 | Du Ying |
Director, Chairperson & CEO |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. |
American Depositary Shares
|
50,000 |
| 2026-05-15 | Du Ying |
Director, Chairperson & CEO |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. Reflects a weighted average sale price of $20.7422 per share, at prices ranging from $20.417 to $21.28 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
American Depositary Shares
|
50,000 |
| 2026-05-15 | Du Ying |
Director, Chairperson & CEO |
Convert↓
Filing footnotes — Stock Options (Right to Buy) (Direct)
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. The option vested in equal annual installments over five years beginning on August 25, 2017, the first anniversary of the date of grant. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Stock Options (Right to Buy)
|
50,000 |
| 2026-05-14 | Du Ying |
Director, Chairperson & CEO |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. Reflects a weighted average sale price of $20.0915 per share, at prices ranging from $19.56 to $20.46 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
American Depositary Shares
|
50,000 |
| 2026-05-14 | Du Ying |
Director, Chairperson & CEO |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. |
American Depositary Shares
|
50,000 |
| 2026-05-14 | Du Ying |
Director, Chairperson & CEO |
Convert↓
Filing footnotes — Stock Options (Right to Buy) (Direct)
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. The option vested in equal annual installments over five years beginning on August 25, 2017, the first anniversary of the date of grant. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Stock Options (Right to Buy)
|
50,000 |
| 2026-05-14 | Edmondson Frazor Titus III |
Chief Legal Officer |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 12, 2025. |
American Depositary Shares
|
3,517 |
| 2026-05-13 | Du Ying |
Director, Chairperson & CEO |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. Reflects a weighted average sale price of $19.4432 per share, at prices ranging from $18.89 to $19.87 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
American Depositary Shares
|
16,231 |
| 2026-05-13 | Du Ying |
Director, Chairperson & CEO |
Sell↓
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. Reflects a weighted average sale price of $20.2223 per share, at prices ranging from $19.89 to $20.52 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
American Depositary Shares
|
33,769 |
| 2026-05-13 | Du Ying |
Director, Chairperson & CEO |
Convert↑
Filing footnotes — American Depositary Shares (Direct)
Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. |
American Depositary Shares
|
50,000 |
| 2026-05-13 | Du Ying |
Director, Chairperson & CEO |
Convert↓
Filing footnotes — Stock Options (Right to Buy) (Direct)
The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2025. The option vested in equal annual installments over five years beginning on August 25, 2017, the first anniversary of the date of grant. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Stock Options (Right to Buy)
|
50,000 |
| 2026-05-11 | Wang Yizhe |
Director, Chief Executive Officer |
Award↑
Filing footnotes — Stock Option (Right to Buy) (Direct)
The option vests in equal annual installments over four years beginning on 05/11/2027, the first anniversary of the date of grant, subject to continuous service. Each American Depositary Share ("ADS") represents ten Ordinary Shares of the issuer. Our ADSs and Ordinary Shares are fully fungible. For purposes of this Form 4, we are reporting this in terms of ADSs. |
Stock Option (Right to Buy)
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136,819 |